New Construction
Address
1858 Dewey St # 1-9 Hollywood, FL
Price
$ 1,995,000
Property Attributes
  • MLS#A10915668
  • TypeCommercial
  • CountyBROWARD
  • CityHollywood
  • Area3050
  • Zip33020
  • StyleMultiFamily
  • Year Built1964
  • Taxes14729
  • Price$ 1,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size10,890 SqFt
Listing Provided Courtesy Of:
Alterra Realty Group Inc
Property Description

Fully furnished rental in Hollywood. CURRENTLY MTM; grossing $254K annually, w/ expenses of $41K, NOI of $211K. 10.6% CAP at list. Tenants CAN BE CONVERTED TO LONG TERM LEASE WITH A EXECUTED CONTRACT; Rents can be set at $1,500/mo for annual leases which would work out to a 10% CAP - result is in an NOI of $216K. Call listing broker for information. A fully furnished rental in Hollywood, close to downtown. Split System A/C in ea. Unit, Offered with all contents for any new buyer to continue this successful operation. Flat-screen TVs & fully equipped kitchens + dining space. WiFi + electricity and water, all included in the rent. This property features 9 units with 3 lockouts, offering up to 12 different spaces. Most tenants in place for 8 months or longer (inquire about details).

Price History
8/24/2020 Listed $1,995,000

General Features

Building Name 1858 Dewey
Electric Item100AmpService
Flooring CeramicTile
Levels Two
MLS Area 3050
Ownership Corporation
Parking Features Common
Property SubType MultiFamily
Property Type CommercialSale
Roof BuiltUp
Structure Type Apartment
Terms Cash, Conventional
Total Units 9
Unit Number 1-9
Year Built Details New Construction
Zoning Description RM

Exterior Features

Covered Spaces 0.0
Lot Size Acres 0.25
Lot Size Area 10826.0
Lot Size Square Feet 10826.0
Number of Buildings 1
Number of Separate Electric Meters 1
Total Parking 15.0
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33020

Price
AVG $1.42M
$2M
Taxes
AVG $21,976
$14,729
Visits
AVG 41
34
Year Built
AVG 1959
1964
Walkscore
AVG 77
78
Data Provided by Walkscore ® not using MLS data

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